May 9, 2018 02:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/tSwBtMi4JJ4/glassdoor-the-iconic-job-hunting-and-reviews-website-has-been-bought-for-12-billion
Glassdoor, the Iconic Job-Hunting and Reviews Website, Has Been Bought For $1.2 billion
Glassdoor, the popular job-hunting platform that gives people a window into conditions at hundreds of thousands of companies, has agreed to be acquired by Japan's Recruit Holdings for $1.2 billion cash. From a report: Recruit Holdings, a large Japanese human resources company that owns other job sites like Indeed, spent eight figures in cash to acquire the decade-old company. Glassdoor hadn't raised new money in about two years, when it was valued by investors at around $860 million, so it likely needed to decide whether to raise more money, sell or try to go public. The company reportedly was at least considering an IPO in the second half of 2018 and was interviewing banks that could take them there.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/tSwBtMi4JJ4/glassdoor-the-iconic-job-hunting-and-reviews-website-has-been-bought-for-12-billion
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